Month: January 2015

While today’s pricing is low… See my previous post, tomorrow’s Oil pricing will inevitably rise, and there will be accompanying spikes in the pricing.

Why?

The answer is Simple demand-supply economics.

There is no steady equilibrium in Oil production. Oil is a finite commodity and the wells which produce oil, tend to produce less oil each year. While demand tends to increase by a modest 1-1.5% per year (around 1 million barrels a day) , without new sources of oil the production of oil declines by around 6% per year as older wells run dry ( around 5.5 million barrels a day).… Read more

While this is a US chart, it certainly seems to mirror my personal experience…

Traveling by MRT or Bus all I see is people staring into their mobiles. At breakfast or lunch- staring into mobiles, on the bus or MRT home staring into their mobiles, Japan, Korea, Malaysia, Singapore- all on mobiles- obviously a biased sample, but increasingly mobile communications- facilitated by large screen phones- is the default mode in Asia.… Read more